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Long EURUSD and buy stop on AUDNZD

Going long with bullish pressure on EURUSD and setting up a buy stop on AUDNZD if previous high is broken.

Buy stop on AUDNZD

Buy stop on AUDNZD

Long EURUSD

Long EURUSD

EURUSD stopped out

Got in a EURUSD long this morning. Not quite a perfect signql but with ECB announcement on the docket the R:R ratio could be interesting. Stopped out on the massive swing following Draghi’s announcement.

EURUSD

EURUSD

Shorting GBPAUD

Shorting GBPAUD as a signal appears on H4 timeframe.

GBPAUD Short

GBPAUD Short

Shorting EURCAD

A signal appeared on EURCAD, going short for Feb’s last trade.

EURCAD

EURCAD

No trends or trades currently

There is absolutely no signal on the radar. A little hesitation on GBP/JPY (short) this morning but markets have been so much in a range for the past weeks, best to stand aside and remain patient.

Going long AUDNZD

A long signal on AUDNZD this morning. We’re out of the kumo and the 21 EMA is trending nicely. Latest fractal allows for a nice tight stop loss placement.

Long AUDNZD

Long AUDNZD

Trade setup on AUDNZD

Going short, a trade setup on AUDNZD has appeared, trend is down, price is below cloud, Kijun and EMA trending down, stop loss at previous fractal, low risk 0.9%.

AUDNZD short

AUDNZD short

Stopped out on all three trades

All trades entered this morning were stopped out during the day, all trends initiated at the end of last week reversed.

Each trade was taken with a very low level of risk, around 0.7 to 0.8% by trade so the loss for today is around 2.1 to 2.4% of my account.

No worries, keep looking for the winners that will make the month, as usual. No revenge trading, no emotions around these losses, they are just what I consider as “my cost of operation”. If I were a startup company these losses would just be the operating costs for Feb.

NZDJPY

NZDJPY

CADJPY

CADJPY

EURAUD

EURAUD

Two entries this morning

Good morning, I have to entries this morning.

One on NZDJPY and the other on CADJPY (see graphs) :

CADJPY H4 (02-02-2016 0732) NZDJPY H4 (02-02-2016 0732)

To know more about my methodology, read about it here.

Manual exit on GBP/JPY : +11pips

The trade was going south, ahead of the weekend I exited manually to keep from being exposed to weekend swings and book a small profit.

Simplified Ichimoku strategy

Manual exit on GBP/JPY